Real Estate Principles in California, 4th Edition is a comprehensive textbook and course workbook, approved by the California Department of Real Estate for qualification for a California Real Estate Sales and/or Broker License. A popular real estate principles book for decades, the 4th Edition is newly revised and updated, covering the study of real estate, ownership of real property, estates, transfers and deeds, encumbrances and title insurance, agency, contracts, real property contracts and escrow, real estate licensing, real estate finance, lending institutions and the government's role in real estate finance, specialized real estate, public controls, taxation, appraisal, and real estate math. In addition, each chapter includes a full glossary of terms as well as a multiple-choice written assignment for students.